Pivot (invalidation): 0.9720
Our preference
Long positions above 0.9720 with targets at 0.9750 & 0.9765 in extension.
Alternative scenario
Below 0.9720 look for further downside with 0.9705 & 0.9680 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
